M&A Deal Summary

Kahoot! Acquires Drops

On November 24, 2020, Kahoot! acquired internet software and services company Drops

Acquisition Highlights
  • This is Kahoot!’s 4th transaction in the Internet Software and Services sector.
  • This is Kahoot!’s 1st transaction in Estonia.

M&A Deal Summary

Date 2020-11-24
Target Drops
Sector Internet Software and Services
Buyer(s) Kahoot!
Deal Type Add-on Acquisition

Target

Drops

Tallinn, Estonia
Drops is provider of language platforms with 42 languages. Droplets is designed specifically to teach foreign languages to kids aged 8-17. Drops is based in Tallinn, Estonia.

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Buyer(S) 1

Buyer

Kahoot!

Oslo, Norway

Category Company
Founded 2012
Sector Internet Software and Services
Employees50
DESCRIPTION

Kahoot! is a game-based learning platform that makes it easy to create, share and play fun learning games or trivia quizzes in minutes. Kahoot! is used in a variety of settings – in K-12 and university classrooms, corporate offices, social settings, and major sporting and cultural events. Kahoot! was founded in 2012 and is based in Oslo, Norway.


DEAL STATS #
Overall 4 of 7
Sector: Internet Software and Services M&A 4 of 7
Type: Add-on Acquisition M&A Deals 4 of 7
Country: Estonia M&A 1 of 1
Year: 2020 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-16 Actimo

Copenhagen, Denmark

Actimo is an employee engagement platform that empowers organizations to more efficiently build corporate culture with better communication, training and interaction with the workforce. Actimo is based in Copenhagen, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-23 Whiteboard.fi

Pinjainen, Finland

Whiteboard.fi is an online whiteboard tool for teachers and classrooms that helps engage students both in the physical classroom and through remote learning. Whiteboard.fi is based in Pinjainen, Finland.

Buy $12M